Austin Chalk / Cretaceous: Texas

Ursa believes it has identified an area of east Texas that is highly prospective for
resource play development. Ursa has in excess of 35,000 net mineral acres under lease in Tyler, Polk,
and Newton counties TX. Ursa believes the austin chalk and other cretaceous formations are oil filled
and prospective in this area. The coupling of horizontal drilling with multistage fracture stimulation
should unlock this huge resource potential. Legacy development by Anadarko and more recent drilling
by BBX display the potential of this cutting edge play.

About Ursa

Ursa Resources Group II LLC is an exploration and production company backed by a private equity commitment from Denham Capital. Ursa is focused on developing oil rich unconventional plays as well as the acquisition of conventional oil and gas producing properties.